MANILA — Union Bank of the Philippines President and Chief Executive Officer Edwin Bautista has welcomed Bangko Sentral ng Pilipinas’ (BSP) move to cut banks’ reserve requirement...
MANILA — The Bangko Sentral ng Pilipinas (BSP) has adopted a three-pronged reform to ensure that domestic banks are ready for technological innovations to fully cater to...
MANILA — An economist of Dutch financial giant ING Bank said the continued weakness of the Philippine peso could push the Bangko Sentral ng Pilipinas (BSP) into...
MANILA — The Philippine consumers’ confidence dropped to its lowest level in the first quarter of 2018 on expectations of higher prices of goods. However, monetary officials...
MANILA — Philippines’ monetary officials cut the offering for the 14-day and 28-day Term Deposit Facility (TDF) for the auction set on March 28, 2018. Data released...
MANILA – Business optimism in the Phlippines during the first quarter of 2018 has dropped due to the usual deceleration of business activities in the start of...
MANILA — After being diagnosed by his doctors of having early stage of tongue cancer in November 2017, Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla...
MANILA — Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. dubbed as “unfounded” the fears of some analysts of loser monetary policy that can fuel...
MANILA – Monetary officials maintain that the Philippine Current Account (CA) balance , even at a small deficit, remains in a healthy level. The Bangko Sentral ng...
MANILA — Economic activity is seen to get an additional boost from the Bangko Sentral ng Pilipinas’ (BSP) cut of banks’ reserve requirement ratio (RRR) to...